I want to extend my highest praise to Paul Atkins, Chairman of the U.S. Securities and Exchange Commission, for the wise decision — perhaps a better characterization being the brilliant decision — he announced today on behalf of the SEC about Stock Tokens.
The SEC granted a five year period of experimentation on this topic in U.S. markets. In doing so, the SEC laid out some inviolate and unequivocally annumerated conditions:
The SEC highlighted that “Investor Protection Is Not Optional.” The SEC clearly laid out that even as it puts forward an “Innovation Exemption,” the SEC has an implicit right to govern on this issue. This means that at least within the U.S., there is an underpinning that appropriate regulatory bodies can regulate
as they think is needed. I believe that over the last full century, investors have best been protected when U.S. regulatory bodies have been involved and U.S. securities laws have been applicable. Thank you, SEC.
The SEC also emphasized that there can be “No Synthetics.” Any such Stock Tokens must carry full voting and dividend rights. No synthetics is such a vital and basic concept. Thank you, SEC.
Also of crucial importance, the SEC mandated that “Issuers Can Object.” It said that issuers of stock must have the opportunity to object and prevent their security from being trading on a Tokenized Securities Venue if companies so choose. This puts companies in charge of their own securities and capital structures, not brokerage houses. Thank you, SEC.
I applaud what the SEC did today. Bravo!
And @vladtenev and @dangallagher I note that at Robinhood you accepted and supported the SEC’s ruling today. I call on you now to adhere to the exact same standards internationally. How hypocritical would it be if Robinhood’s stock tokens abroad were to differ materially from stock tokens in the U.S. on these hyper-important matters of investor protections, synthetics and issuer objections.
Adam Aron
Chairman and CEO
AMC Entertainment
THE DAY AFTER. It was such a distinct pleasure, so immensely satisfying, to be able to report to you yesterday that our second quarter of 2026 with $321.4 million of Adjusted EBITDA was the single best quarterly result in AMC’s entire 106-year history.
With 71 million guests in our theatres, we also had the highest revenues in AMC history, and managed our costs well.
We have generated $228 million more EBITDA in the first half of 2026 than we did in the first half last year.
We finished the quarter with $778 million of cash on hand.
The best way to silence the critics and make the naysayers irrelevant is to produce undeniably good results, in this case for Q2 record results, and that is precisely what AMC has been doing throughout 2026.
To those Apes who stood by us along the way, and especially to those who are with us still, I am not exaggerating in saluting the role you all played in saving moviegoing and saving movie theatres and saving AMC.
Because of your support, your children and grandchildren should be able to continue to enjoy… in theatres… seeing dazzling images on our huge silver screens, just as people have done to their great delight for more than a century.
It is a massive development that Netflix has authorized the wide release on February 12, 2027 in movie theatres globally — so very importantly with a traditional 49-day exclusive theatrical window — of acclaimed director Greta Gerwig’s newest film Narnia.
Narnia will also receive some prominent advance screenings only in IMAX auditoriums, of which we have some 225.
At AMC, our cooperative efforts with Netflix picked up steam in the back half of 2025, and have been immensely successful.
Both AMC in the U.S. and Odeon across Europe will throw everything we have into the mix to support Netflix on this effort. We are in their corner fully. We are and will be all in.
It should not be lost on anyone the significance of Netflix trying a real global release of a major film title.
April 20 — also known as 4/20.
But if zero is nothing, then 420 becomes just 42.
And 42, as we all know, is the answer to life, the universe, and everything.
Funny how removing nothing leaves you with… everything.
Coincidence? Maybe.
But the universe definitely has a sense of humor.
The ASCII code for 42 is an asterisk: *
A wildcard — a symbol for anything.
So yeah, 42 literally is everything.
In hex, 42 is 2A — once again, an asterisk.
The universe keeps dropping the same symbol.
Random? Hihi. Maybe. Maybe not.
For the longest time, I’ve been waiting for the 42.
Liberation Day — April 2 — felt like a fitting nod to “So long, and thanks for all the fish.”
But I can’t help wondering… where’s this movie headed for the climax?
Oh, the 42.
It’s not just a number — it’s a feeling.
Oh darn... What was again your question?
Wow !!! Big !!!
Super Mario, Project Hail Mary and so many more movies led AMC Entertainment to recording our highest ever revenues globally for a 5-day Easter weekend (Wednesday to Sunday) in our company’s 106-year history.
More than 6 million moviegoers were in our theatres.
These are just some of the blockbusters coming out in 2026.
I haven’t been more optimistic about a growing industry-wide box office in years.
It’s my firm belief and expectation based on what I know now that 2026 will represent the biggest box office performance since 2019.
In our new cooperation with Netflix, AMC is delighted to be showing quite the special event at 200 of our U.S. theatres, the series finale of the much acclaimed Stranger Things. On New Year’s Eve and New Year’s Day.
Tickets are free, when you also purchase a $20 per guest food and beverage voucher good on the day of show.
Here’s a link: https://t.co/imfo0aLI9E
We look forward to finding more ways to work together with Netflix in 2026 and beyond.